NAR scores a victory in buyer commission lawsuit
An order from Judge LaShonda A. Hunt in the Batton homebuyer case struck down a proposed class of plaintiffs that included substantial overlap with the class in the now-settled Burnett case
by Lillian Dickerson Nov 14
It's 'difficult' for buyers 'to negotiate lower commission rates,' watchdog says
The Consumer Policy Center says that buyer's agents have learned to hedge against the newfound ability of buyers and sellers to negotiate rates
by Taylor Anderson Nov 3
Why the NAR settlement has become a blessing, not a curse
Opinion
By removing the automatic assumption of buyer’s agent fees, we’re putting the focus back where it belongs, Darryl Davis writes, on fiduciary duty, negotiation and service
by Darryl Davis Oct 31
listing agent mistakes
When you avoid these listing mistakes and properly market properties, coach Darryl Davis writes, you create new branding and referral opportunities
by Darryl Davis Sep 18
DOJ adds major landlords to antitrust lawsuit against RealPage
Greystar Real Estate Partners, Blackstone’s LivCor and Cushman & Wakefield are among the institutional landlords accused of fixing rental prices — to the detriment of 'millions' of renters
by Jim Dalrymple II Jan 7
Objections fly in against NAR and HomeServices settlement deals
The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a 'free pass,' more than a dozen homesellers argued ahead of a Nov. 26 decision
Collusion in plain sight: The danger lurking in state association forms
Opinion
In an analysis of more than 20 forms from various states, coach Darryl Davis identified a disturbing pattern: identical clauses between competing entities that suggest a dangerous level of collusion
by Darryl Davis Oct 15
RealPage lays off 4% of workforce amid ongoing lawsuits and probe
The layoffs include employees at various levels of the company and come as RealPage faces scrutiny from federal regulators, who claim its software allows landlords to collude on rent
by Taylor Anderson Jun 28
RealPage breaks silence on federal price-fixing probe into Yardi system
CEO Dana Jones pushed back in a statement on Tuesday, saying RealPage isn't responsible for an undersupply of rentals, increased demand for homes or inflationary pressures shaping the market
by Ben Verde Jun 18
FBI raids Atlanta office of apartment operator Cortland
Investigators searched the company's office as part of an inquiry into alleged apartment price-fixing in the multifamily industry
by Ben Verde Jun 6
Hyatt, Hilton among those accused of price-fixing in new antitrust suit
A lawsuit filed last week in California alleges that the hotel industry engaged in illegal price-fixing using AI-powered software from IDeaS
by Taylor Anderson May 1
DOJ launches criminal probe into RealPage amid rent-fixing scandal
The DOJ opened its investigation into the property management software firm as well as several multifamily building operators who authorities believe collaborated in a 'price-fixing combination'
by Ben Verde Mar 25
NAR CEO Nykia Wright appears — and disappears — in 'odd' new video
In a video that abruptly vanished from NAR's website Wednesday before resurfacing, Wright said the group does not set commissions — a practice it isn't currently being accused of — and welcomed competition from AREA
Court says $200B commission suit against NAR must go forward
A federal court judge denied a request from the defendants to suspend the case pending the outcome of post-trial motions after the Sitzer | Burnett verdict
by Andrea V. Brambila Jan 18
NAR will argue for 'complete reversal' of Sitzer | Burnett verdict
The National Association of Realtors' legal team on Monday blamed the ruling on the judge. The plaintiffs' attorney, meanwhile, said NAR hadn't 'learned anything' from its 'resounding defeat'
by Andrea V. Brambila Nov 14